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Scale Lending Provides $68.5M Construction Loan For Mixed-Use Property At 210 Clarkson St. In Prospect Lefferts Gardens

210 Clarkson Street
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This Mixed-use property located in NY received a loan of $68,500,000 over 2 years ago.

The mixed-use property located at 210 Clarkson Street in Prospect Lefferts Gardens has been involved in a recent closed transaction. The property spans approximately 165,000 square feet and consists of 165 units. The transaction took place in November 2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $68,500,000
  • Address: 210 Clarkson Street
  • Market: Prospect Lefferts Gardens
  • Square Footage: 165,000
  • Units: 165

Martin Nussbaum and David Schwartz shared an image on Instagram to commemorate the closed transaction. The transaction involved a construction loan provided by SCALE Lending. K2 Real Estate Partners acted as the landlord in the deal. Meridian Capital Group served as the broker.

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Deals
  • Location
    210 Clarkson Avenue, Brooklyn, NY, USA210 Clarkson Avenue, Brooklyn, NY, USA
  • Loan Value
    $68,500,000$68,500,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    1 Lender1 Lender

SCALE Lending

SCALE Lending

Lender
Deals18
Volume$ 408.4B

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Deal Summary

LOAN IMAGE: Martin Nussbaum & David Schwartz DATE: 11/2021 ADDRESS: 210 Clarkson Street MARKET: Prospect Lefferts Gardens ASSET TYPE: Mixed-use ~ SF: 165,000 ~ UNITS: 165 LENDER: SCALE Lending LANDLORD: K2 Real Estate Partners BROKER: Meridian Capital Group LOAN AMOUNT: $68,500,000 LOAN TYPE: Construction loan

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